Previous Page  45 / 108 Next Page
Information
Show Menu
Previous Page 45 / 108 Next Page
Page Background

Give your brand a great name.

The name Fleetwood Mac was

derived from the surnames of Mick

Fleetwood and the band’s bass guitarist John

McVie. Not only is it easy to remember, but

it makes sense.

Protect your brand.

Intellectual property is very

important for brands, and some of

them invest millions of dollars each year to

protect their rights. But, unfortunately,

Fleetwood and McVie had signed an agree-

ment giving up ownership in the name, and

in 1975 their manager formed what he

thought was a better version, without

“Fleetwood” or “Mac.” The new musical

group, Stretch, began touring, undeterred by

threat of lawsuit, while the real band took

some time off. A lawsuit was filed and the

real Fleetwood Mac was off the road for

a year.

Develop brand fans.

The situation righted itself, as

told by one of the pseudo-Macs,

keyboard player Dave Wilkinson: “When we

got to New York for the first date, all we

heard was, ‘Where the hell’s Mick

Fleetwood?’ It was quite frightening. I really

did think I was going to get shot.” Also, John

Courage, the original band’s road manager at

the time, found out that none of the original

members would “be joining the tour later,” so

he hid the equipment. Fleetwood Mac’s man-

ager lost the lawsuit and his job.

How much can your brand

stand?

I have to hand it to Fleetwood.

During the band’s 40-year history, the group

has been like a swinging door with an addi-

tional 16 members in or out at any given

time. Add to the mix sex, drugs, broken

romances, infidelity and divorces, and it is

truly amazing that Fleetwood Mac is still

together—and that the “original” members

are all still with us.

Expand your brand.

The most important thing I

took away from our small-group

session was: “All ideas are good, it’s the tim-

ing that’s sometimes bad.”

A friend approached Fleetwood in 2001

about starting a winery. He said, “It was a

good idea, except I didn’t have the time to

devote to it. It rattled around my mind for a

few years and in 2006 I made it happen.”

Now Costco buys all of his production.

Fleetwood has since expanded into premium

varietal blends and supplies his wines to

restaurants.

Branding inspiration can come from

many sources, and I’m fortunate that I

had the chance to learn from a branding

master.

This article originally appeared in

The Business

Journals

.

Joe Scott, MAS, is vice presi-

dent of Chanhassen, Minnesota-

based distributor Scott &

Associates, Inc. (UPIC: SCOT-

TASC) and a former PPAI board

member. Reach him at

joe@scottassoc.com

.

APRIL 2015 •

PPB

• 43

1

2

3

4

5